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Manohar Samal

Latest Posts by Manohar Samal

Bombay HC Sets Aside MVAT on Vehicle Registration, Handling & Insurance Charges

June 26, 2024 192 Views 0 comment Print

Bombay High Court overturns MVAT on vehicle registration, handling, and insurance charges in Chavan Motors Division India Pvt. Ltd. vs State of Maharashtra.

ITAT Mumbai upholds addition of 12.5% of profit element confirmed by NFAC

March 28, 2024 2403 Views 0 comment Print

ITAT Mumbai affirms 12.5% profit addition confirmed by NFAC in ITO Vs Rajesh Amulakhrai Sanghvi case for AY 2009-10. Detailed analysis of the order and its implications.

Bombay HC Orders Income Tax Refund Deposit | PCIT Vs Shahaji Bhad

March 5, 2024 693 Views 0 comment Print

Read the full text of the Bombay High Court’s order directing the deposit of an Income Tax refund amount with Prothonotary and Senior Master. Get insights into the case between PCIT and Shahaji Bhad.

Bogus Purchase: ITAT Mumbai restricts profit element of purchases at 4%

November 28, 2023 6570 Views 0 comment Print

Explore the JMD Corporation vs ITO case where ITAT Mumbai restricts profit element of purchases at 4%, examining allegations of bogus purchases for A.Y. 2011-12.

Addition based on mere statement of assessee & loose papers/sheets/diaries: ITAT deletes 

June 30, 2023 5730 Views 0 comment Print

ITAT Pune’s decision to delete the addition of Rs. 39.69 Crores for Manoj Madanlal Chhajed Vs ACIT, emphasizing the absence of concrete evidence beyond the assessee’s statement and unverified documents, showcases meticulous judicial scrutiny.

MVAT on registration/handling/insurance charges on Motor car sold by dealers – HC Quashes 69 Assessment Orders

April 20, 2023 2058 Views 0 comment Print

Modi Car Agencies Pvt. Ltd. Vs State of Maharashtra (Bombay High Court) Bombay High Court sets aside 69 Assessment Orders under MVAT Act, 2002 levying MVAT on registration charges, handling charges, insurance charges and incentives collected from customers with a direction to Assessing Officer to reconsider the issue on the basis of the decision of […]

HC set-aside notice imposing Interest on Gross Tax Liability without opportunity

January 8, 2023 960 Views 0 comment Print

Bombay HC sets aside Recovery Notice imposing Interest on Gross GST Tax Liability without giving an opportunity of being heard to Appellant

Antedated Assessment Orders held as non est & beyond limitation period provided u/s 23 of MVAT, 2002

December 18, 2022 1935 Views 0 comment Print

The Assessment Orders under the MVAT Act, 2002 passed for periods 2006-07 and 2007-08 are antedated. The assessment orders are passed after the period of limitation. Hence, it is non-est and therefore, are hereby quashed.

Reopening of assessment cannot be done against a dead Assessee

September 28, 2022 3306 Views 0 comment Print

Bombay High Court held that reopening of assessment cannot be done against a dead Assessee under the Income Tax Act, 1961.

1% Vat payable on Devotional images made of gold under MVAT Act, 2002

September 21, 2022 717 Views 0 comment Print

Maharashtra Sales Tax Tribunal Mumbai holds devotional images made out of gold to be taxable at the rate of 1% under MVAT Act, 2002 by referring to HSN, commercial parlance test, laboratory reports and dictionary meaning to decide the meaning of the word fineness under Schedule Entry B-1 of the MVAT Act, 2002.

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